Free Trial

The Chinese banking system has taken a.........>

PBOC
PBOC: The Chinese banking system has taken a significant evolutionary leap
following the first ever auction of perpetual debt by a bank (Bank of China) and
the introduction of a new central bank bills swap (CBS) facility. While
invariably this has triggered speculation of credit easing and backdoor
quantitative easing, mechanically the measures are predominantly aimed at
recapitalising G-SIBs.
- For further details please see:
http://marketnews-m.objects.xtenit.com/PBOC_CBS_Facility.pdf

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.